Straight Way of Grace Ministry Inc

Analysis

Straight Way of Grace Ministry Inc is a registered charity in United States, based in Marble Hill, MO. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Straight Way of Grace Ministry Inc reported income of $81k and spending of $81k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $86k to $81k (-5.6%), an average of -5.6% a year. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Straight Way of Grace Ministry Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within MO. Charities of a similar size with the same main cause include Linda Lorelle Scholarship Fund Inc ($81k), Friends of the Shalimar Library Inc ($81k) and Bulgarian Cultural Club in Seattle Wa ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $1,692, net assets of $11k.